Invest Offshore

Tag: U.S. Treasury

  • Russian Elites, Proxies, and Oligarchs Task Force Joint Statement

    Russian Elites, Proxies, and Oligarchs Task Force Joint Statement

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    by

    Aaron
    in

    The Russian Elites, Proxies, and Oligarchs (REPO) Task Force has leveraged extensive multilateral coordination to block or freeze more than $30 billion worth of sanctioned Russians’ assets, freeze or seize sanctioned persons’ high-value goods, and heavily restrict sanctioned Russians’ access to the international financial system. REPO members have achieved these successes through close and extensive…

  • Preliminary Annual Report on U.S. Holdings of Foreign Securities at Year-End 2020

    Preliminary Annual Report on U.S. Holdings of Foreign Securities at Year-End 2020

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    by

    Aaron
    in

    Washington – Preliminary data from an annual survey of U.S. portfolio holdings of foreign securities at year-end 2020 were released today and posted on the Treasury web site at (https://home.treasury.gov/data/treasury-international-capital-tic-system/tic-forms-instructions/us-claims-on-foreigners-from-holdings-of-foreign-securities). The final survey report, which will include additional detail as well as possible revisions to the data, will be released on October 29, 2021. The survey…

  • Personal Pension and Foreign Investment Account

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    by

    Aaron
    in

    Trade risk for security offshore – Overseas Personal Pension The simple solution is to centralize your investment into a U.S. IRS fully compliant tax free trading environment. This can be accomplished by using a US – onshore regulated Trustee and using a self Directed Individual Retirement Account (IRA) Foreign Investment Account. You can easily rollover…

  • The Day Your IRA/401(k) Dies

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    by

    Aaron
    in

    October 20th, 2015. That date might not mean much to you now, but it will. The International Monetary Fund (IMF) is expected to meet and announce that it intends to replace the U.S. Dollar as the default reserve currency. What’s that mean for Americans with retirement accounts? It means if your IRA or 401(k) is…

  • PFIC Problem for Americans with Offshore Investments

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    by

    Aaron
    in

    WARNING: U.S. Persons who Purchased a Retirement Plan, Savings Plan issued from the Isle of Man, Dublin, Guernsey or U.K. Life Insurance Company are holding a British Style Life Policy (lump sum or savings plan) which requires annual reporting as a PFIC and suffers annual taxes on the growth of 36.9% and huge annual penalties…